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Corporation Bank climbs higher on the bourses

Corporation Bank - (Amalgamated) | Bank - Public | BFSI | BSE: 532179 | NSE: CORPBANK

26 Dec 2011 Evaluate

Corporation Bank is currently trading at Rs. 365.00, up by 2.55 points or 0.70% from its previous closing of Rs. 362.45 on the BSE.

The scrip opened at Rs. 365.00 and has touched a high and low of Rs. 367.00 and Rs. 361.30 respectively. So far 4426 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 669.80 on 24-Dec-2010 and a 52 week low of Rs. 335.50 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs. 367.00 and Rs. 335.50 respectively. The current market cap of the company is Rs. 5406.84 crore.

The promoters holding in the company stood at 58.52% while Institutions and Non-Institutions held 35.64% and 5.84% respectively.

Corporation Bank has inaugurated new zonal office premises at Jaipur, where it has a wide network of branches in the areas of metro, urban, semi-urban and rural, covering the entire state of Rajasthan. The new zonal office premise was formally inaugurated by Namo Narain Meena, Union Minister of State for Finance.

The bank has created 12 new zones across the country with a view to making branches more exclusive. With this, the total number of zones reached to 31. The bank has a nationwide network of around 5,250 service outlets. This includes 1,375 branches of bank, 1,256 ATMs and 2,618 branchless banking units. The bank has its representative offices in Dubai and Hong Kong to cater to the needs of NRI clients.

The bank’s net profit for the second quarter of the current fiscal has grown 14.04% to Rs 401.11 crore as compared to Rs 351.73 crore for the corresponding quarter of the last year. The bank’s total income has surged 46.36% at Rs 3489.47 crore for the quarter under review as compared to Rs 2384.24 crore for the second quarter of the previous year.

Corp. Bank-Amalgamat Share Price

22.60 0.00 (0.00%)

19-Mar-2020 18:01 View Price Chart

Peers

Company Name	CMP
SBI	1107.60
PNB	113.75
Canara Bank	142.70
Bank Of Baroda	280.85
Union Bank Of India	189.05
View more..

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Corporation Bank climbs higher on the bourses

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